Restaurants Financial Year ends end of September
BEER and WINE License...ABSENTEE OWNER...PATIO...38 YEARS IN BUSINESS....
Located in the San Gabriel Valley this restaurant has seen year over year sales increase while many other restaurants have been finding it hard just to hold on as this great Mexican Restaurant just keeps thriving.
The staff is so well trained and have been working at the restaurant for years, they handle the day-to-day operations of the restaurant. The Staff does EVERYTHING at the restaurant, owner calls in orders, processes payroll, reviews sales and works on promotions ONLY.
PRACTICALLY A NEW FACILITY
The recent remodel has transformed the restaurant into looking like a corporate chain and could be duplicated to other locations for an operator looking for a concept possessing the right look and feel to grow into multi units. The great reviews on the food and overall service continues to prove this business is humming and a pleasure to operate.
During a fairly recent remodel the restaurants AC Units were replaced giving a buyer the peace of mind of many years of having a cool dining area during the hot summer days of Southern Cal. Almost all the equipment has been replaced and also the place has all NEW Plumbing throughout giving Buyer peace of mind as to the plumbing. Bathrooms are completely redone as well as the entire front of the house area.
GROW THE BUSINESS
Since Covid Owner has stopped Offering Catering which consisted of a bit more than 10% or more of the business in previous years, a new Owner could capture this market again to see further sales increases.
The Patio adds a nice touch for additional seating and a choice for guests wanting open and fresh air due to Covid fears. Beer is served in Bottles with local and imported favorites to complement the Mexican Style foods. Open for Breakfast, Lunch and Dinner this place HUMMMMMSSS all day long. The Breakfast Burritos are Killer and the Carne Asada Tacos you just gotta try and you'll be hooked. With an almost perfect 5 Stars on yelp and high Facebook scores as well, the owner feels the business is ready to be passed on and taken to the next level by a passionate operator.
The lease has a minimum rent of $6962.51 per month verses a 6% of sales which the restaurant has been paying % rent for a number of years now.
LOCATION, LOCATION, LOCATION!
The restaurant sits on streets edge of a very busy high traffic area. The center has a number of well known tenants drawing people to the center on a regular basis.
THIS IS A VERY PRIVATE LISTING and any Potential Buyer will need to get PRE-APPROVED before name and address are shared as well as financial information. So If You have been looking for a Profitable Restaurant with proven track record just Sign the Online Digital NDA at SellingRestaurants.com and contact agent and he'll get you all the information to help you decide if this is for you!
|2014 Total Population||63,905||204,796||637,627|
|2010 Number Of Households||19,027||55,931||173,957|
|2010 Persons Per Household||3.27||3.65||3.61|
|Median House Value||$385,200||$337,834||$366,468|
|Income Per Household||$47,438||$47,877||$50,326|
|2009 Number Of Businesses||1,240||4,114||12,300|
|2012 Number Of Employees||39,462||180,666||388,466|
|2012 Total Annual Payroll||$688,394,000||$3,476,937,000||$4,294,967,295|
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